If you have a mortgage on your house at 6 percent and the ...

[Marty]

If you have a mortgage on your house at 6 percent and the inflation rate when the mortgage was acquired was 3 percent but has since increased and is now 8 percent per year; the current real interest rate is
 
  A) -2 percent per year.
  B) 8 percent per year.
  C) 6 percent per year.
  D) 0 percent per year.
  E) 14 percent per year.

Question 2

A movement from one point on a production possibilities frontier to another represents
 
  A) unemployment.
  B) a tradeoff.
  C) an advance in technology.
  D) full employment of labor but not capital.
  E) a free lunch.

[brittanywood]

Answer to Question 1

A

Answer to Question 2

B

[Marty]

TYSM

[Chelseyj.hasty]

Gracias!